Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. z space, incorporated, is a new company and curren

Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales...

90.2K

Verified Solution

Question

Finance

image

Z Space, Incorporated, is a new company and currently has negative earnings. The company's sales are $2.6 million and there are 240,000 shares outstanding. a. If the benchmark price-sales ratio for the company is 4.8 , how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. If the benchmark price-sales ratio for the company is 4.2 , how much will you pay for the stock? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Programming
1.2K views

Question 16 How many binary digits are in an IPv4 address? Group of answer choices 4 16 8 32 Question 17 A company is...

Electrical Engineering
1.2K views

Design a mod 5 counter as a (a) synchronous circuit (b) asynchronous circuit

Economics
1.2K views

Assume that a study was done on students who were completing their last semester of college...

Biology
1.2K views

Match the match the tissue or structure with the germ layer it comes fromnervous systemendodermmesodermectoderm

Basic Math
1.2K views

Determine the area of the shaded region in square units 3 5 3 2 5...

Basic Math
1.2K views

Find the solution of the exponential equationex+1= 32in terms of logarithms, or correct to four...

Calculus
1.2K views

Find the following indefinite integral S 2 2 3e 0 1x dx X 2 X...

Calculus
1.2K views

Explain your answers in words 1 You are given a graph how do you use...

Accounting
1.2K views

The company I am writing about is Office Depot/Max Write a one- to two-page paper...

Accounting
1.2K views

Coyote company sold a merchandise costing $30,000 for $50,000 on credit to Beer Company on...

Accounting
1.2K views

You are evaluating a project for The Tiff-any golf club, guaranteed to correct that nasty...

Accounting
1.2K views

describe managerial accounting and the role of managerial accounting in business.